Would it be wise to refinance a car loan that you got 3 years ago interest rate 19% ,now credit is 8

Never hurts to check around a penny saved is a penny earned!

Check your car%26#039;s wholesale and retail value free at Kelly Blue Book kbb.com

Good Luck

Would it be wise to refinance a car loan that you got 3 years ago interest rate 19% ,now credit is 80% better?

call your local bank and talk to a personel banker and ask for auto loan rates and explain the situation.

Would it be wise to refinance a car loan that you got 3 years ago interest rate 19% ,now credit is 80% better?

If it didn%26#039;t extend the loan, then yes.

Would it be wise to refinance a car loan that you got 3 years ago interest rate 19% ,now credit is 80% better?

If you qualify for a much better rate now, the fees associated with the refinance are very minimal and you can save money on your monthly payment for the same remaining loan term, then yes it is a very good decision. However, if you are refinancing and going back up to a longer term than what you have remaining and are not saving very much money or the refinance is costing you a considerable amount of money in fees, then it is probably not worth it. Good luck.

Would it be wise to refinance a car loan that you got 3 years ago interest rate 19% ,now credit is 80% better?

You can%26#039;t refinance a car. For one thing, if you%26#039;ve only paid 3 yrs on it, it%26#039;s probably worth less than the loan balance due to depreciation. I%26#039;ve been paying for 4 yrs on a low end car that was one year old when I bought it and It%26#039;s still worth less than the loan balance